Steve Gelsi
GSO Capital Opportunities Fund III expected to hit hard cap in Q4 Firm discloses $13 bln for Tactical Opportunities strategy Blackstone floats $654 mln European bond Blackstone Group’s mezzanine pool, GSO Capital Opportunities Fund III, reached $6.5 billion in the third quarter with plans to hit its hard cap by year’s end. The firm marked gross inflows […]
Firm on track to raise $15 bln this year Carlyle raising next generation of big funds Pools will invest in U.S., Asia buyouts Carlyle Group said it expected to pick up its fundraising pace to about $25 billion a year, building about $100 billion in fresh capital by roughly 2020, as it eyes larger versions of […]
Firm not planning to raise a second China Growth fund KKR will instead invest out of its Asia III fund Fund XII on track to deploy next year Kohlberg Kravis Roberts & Co approached the $12 billion hard cap on its flagship Americas Fund XII in the third quarter as part of $1.9 billion […]
What’s your outlook for healthcare deal-making in PE as the U.S. elections approach? Much of the risk of the election is already priced into the market. In our corner of the healthcare arena (commercial-stage companies that may not yet be cash-flow positive), comments made around drug prices have already made headlines and impacted valuations for companies […]
Firm closed Fund I in 2014 with $305 mln Former execs at Blackstone, Court Square, Ventyx lead firm Rubicon made deal announcement in December Rubicon Technology Partners is raising its sophomore private equity fund with a target of about $500 million, two years after veterans at the firm from Blackstone Group and Court Square Capital […]
New PE credit and fund restructuring unit launches Macquarie exec joins Crestline At least one other firm has also launched in the space Crestline Investors hired an executive from Macquarie Asset Management to help launch a lending business aimed at middle-market GPs with aging private equity funds that need additional capital to groom their remaining […]
M.D. Sass, Macquarie back firm Firm targets $750 mln for Amerra Agri Offshore Fund Amerra’s founders remain at the helm Amerra Capital Management LLC said it drew $180 million in commitments for its two most recent private equity funds investing in the agriculture sector. They’re part of a total of $1.25 billion in disclosed capital […]
Peter Landauer worked at University of Florida Investment Jeffrey Moy joins from Central Park Group Team at Harken Capital grows to six from four Harken Capital Securities hired two managing directors to help expand its efforts as a placement agent for lower-middle-market firms as well as secondary and restructuring transactions. Don Nelson, co-founder and managing director […]
Predecessor funds raised $2 bln in 2013 and $1.7 bln in 2008 New York firm may soon close NB Secondary Opportunities Fund IV LP Target of new fund unclear Neuberger Berman is close to wrapping up fundraising for its fourth secondary fund, about three years after its predecessor drew in $2 billion, sources said. While […]
Firm may hold second close by end of 2016 Credit-focused GP held first close for Fund VIII at $763 mln CNO Financial bought GP stake in Tennenbaum in April Tennenbaum Capital Partners has drawn about $1 billion in LP demand for TCP Direct Lending Fund VIII, with plans to wrap up the credit pool next year, […]